For its first fiscal quarter (ending March 31), AutoNation Inc (NYSE: AN) has reported a -26% decline in E.P.S. from $6.10 a year ago to $4.49 in the current quarter. This performance was $-0.19 short of the consensus estimate of $4.68. E.P.S. were $21.22 for the latest four quarters through March 31 versus $24.68 for the same period a year ago — a decline of -14%.
Recent Price Action
On 4/26/24, AutoNation Inc (NYSE: AN) stock enjoyed a very large increase of 5.9%, closing at $169.88. Moreover, exceptionally high trading volume at 312% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 9.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, AN is expected to continue to be a major Value Builder.
AutoNation has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. AutoNation has a good Appreciation Score of 73 but a neutral Power Rating of 41, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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